NEW DELHI: India's refined palm oil imports fell 20.7% in June from the previous month's record, a leading trade body said, as weakness in the rupee currency made overseas purchases more expensive.
But imports were still double that of last year and continue to hit India's oil-seed growers and refiners, with plants operating well below capacity.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!